Expats Ditching Their Citizenship
Originally posted on Fighting For Liberty:
Under a new rule that is part of the Foreign Account Tax Compliance Act, or FATCA, all foreign financial institutions must report any accounts that have an American co-signer. Information required includes accounts used for personal and business reasons, and banks will face a hefty fine if they don’t comply. American citizens abroad will also now be required to disclose certain types of assets.
Just because you leave these shores doesn’t mean the Marxist dogs of control are not watching.
Big brother is now everywhere.
By their rules there is no such thing as “private property”.
Your only hope is to resist.